Jc Greenville, NJ 07305,56 RUTGERS AVE

$510,000

$549,900

7.3%
Est.Price: ?

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Est. payment /mo

5.5 Baths


SOLD DATE : 04/29/2016

Key Details

Sold Price $510,000

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 150012128

Sold Date 04/29/16

Full Baths 5

Half Baths 1

Annual Tax Amount $8,050

Property Description

"Jumpstart investment opportunity South Greenville Redevelopment Dist. brings new stores, restaurants, three new 11-14 story high rises approved housing to an area that has long been overlooked.” Features: five 2 bedrooms, 1 commercial, all 5 residential units are due for 3% increase and commercial has 5% increase per yr with 7.5 yr lease remaining. All utilities separate, please find attached INVESTMENT CALCULATION 10% return at asking price. Close proximity to Danforth Light Rail Station, buses to JSQ.

Location

State NJ

County Hudson

Area Jc Greenville

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Listed by WEICHERT REALTORS
Bought with COLDWELL BANKER REALTY

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Carlos "Alex" Jesus

Broker | Lic# 9798051

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